Pedernales Production recorded a decrease of 4.77% in total oil and gas production to 48.92 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Pedernales Production grew 33.7% in August 2021 from 36.59 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 54.77% from the same period in 2020.
The company’s oil production declined 5.62% to 43.99 bd in August 2021 from the previous month, while gas production stood at 0.03 mmcf/d. On a YTD basis, oil production increased by 60.45% in 2021 when compared with the same period in 2020, while gas production rose by 11.11%. Out of the total oil and gas production in August 2021, oil production held an 89.92% share, while gas production held a 10.57% share.
Looking at the states where Pedernales Production recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 48.92 boe/d in the state in August 2021, a decrease of 4.77% from the previous month.
On a YTD basis, the company produced 403.32 boe/d in Texas in 2021, recording an increase of 54.77% from the same period in 2020.
Pedernales Production witnessed the highest oil and gas production in Yoakum county in August 2021. Out of all the counties, Yoakum county held a share of 67.58% for the firm. The company produced 33.06 boe/d in Yoakum county in August 2021, a decrease of 2.74% in production when compared with the previous month.
On a YTD basis, the county produced 234.91 boe/d for the company in 2021, a 20.48% increase from the same period in 2020.
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.